Marine insurers brace for trade route shifts amid geopolitical risks
Marine insurers are preparing for changes in global trade routes and growing geopolitical risks even as fresh industry data showed the underlying market remained soft despite a rise in premium income in 2025. Global marine insurance premium income rose 5.5% year over year to $42.6 billion in 2025, according to figures released by the International ...
Marine insurers are preparing for shifts in trade routes and rising geopolitical risks, despite a 5.5% year-over-year increase in global marine insurance premium income to $42.6 billion in 2025, according to data from the International Union of Marine Insurance. The increase in hull and cargo market premiums is attributed to growing uncertainty from war risks, increased competition, inflation, and changing free trade dynamics.
Insurers are adapting to new trade patterns, seeking safer routes to avoid conflict zones, and addressing the impact of security risks on global trade.
Brief written by urgent.news from Hellenic Shipping News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.